Form 4: Shenandoah Telecommunications Director Acquires Shares in Lieu of Fees

Leigh Ann Schultz, a director of Shenandoah Telecommunications, acquired shares of common stock in lieu of director fees on March 3, 2025.

Summary

• On March 3, 2025, Leigh Ann Schultz, a director of Shenandoah Telecommunications Co/VA/, acquired 61.6716 shares of common stock at a price of $10.81 per share.
• These shares were received in lieu of director fees.
• Following the transaction, Ms. Schultz directly owns 25,600.1051 shares of common stock and indirectly owns 38 shares through her spouse.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction (shares in lieu of fees). It's slightly positive as it shows director's alignment with shareholders.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Director share acquisitions are common and often viewed positively as they align the director's interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates